• Denmark's Jannik Vestergaard, Joakim Maehle and Thomas Delaney celebrate their team's third goal during the EURO 2020 quarter-final against the Czech Republic at the Olympic Stadium in Baku on Saturday, July 3, 2021.
    Denmark's Jannik Vestergaard, Joakim Maehle and Thomas Delaney celebrate their team's third goal during the EURO 2020 quarter-final against the Czech Republic at the Olympic Stadium in Baku on Saturday, July 3, 2021.
  • Martin Braithwaite of Denmark in action during the EURO 2020 quarter-final against the Czech Republic
    Martin Braithwaite of Denmark in action during the EURO 2020 quarter-final against the Czech Republic
  • Patrik Schick of the Czech Republic celebrates after scoring his team's first goal against Denmark in Baku.
    Patrik Schick of the Czech Republic celebrates after scoring his team's first goal against Denmark in Baku.
  • Tomas Soucek of Czech Republic receives medical treatment in Baku.
    Tomas Soucek of Czech Republic receives medical treatment in Baku.
  • Czech Republic's goalkeeper Tomas Vaclik clears the ball away from Denmark's Mikkel Damsgaard.
    Czech Republic's goalkeeper Tomas Vaclik clears the ball away from Denmark's Mikkel Damsgaard.
  • Denmark's Kasper Dolberg, right, scores his side's second goal.
    Denmark's Kasper Dolberg, right, scores his side's second goal.
  • Denmark's Kasper Dolberg in action with Czech Republic's Jan Bori.
    Denmark's Kasper Dolberg in action with Czech Republic's Jan Bori.
  • Czech Republic's defender Ondrej Celustka is helped by teammates after an injury.
    Czech Republic's defender Ondrej Celustka is helped by teammates after an injury.
  • Czech Republic's goalkeeper Tomas Vaclik fights for the ball with Denmark's forward Mikkel Damsgaard.
    Czech Republic's goalkeeper Tomas Vaclik fights for the ball with Denmark's forward Mikkel Damsgaard.

Euro 2020: Denmark resist Czech Republic fightback to reach semi-finals


Richard Jolly
  • English
  • Arabic

Pointless after two games, Denmark are now only two from improbable glory. Reaching a first semi-final in 29 years meant a remarkable renaissance continues. They may yet follow in the footsteps of the class of 1992 and become surprise European champions.

The first team in the competition’s history to qualify for the knockout stages after losing their opening two matches have shown their potency. Two first-half goals took their tally to 10 in three matches, though it still required some dogged defending to end the Czech Republic’s terrific campaign.

Once again, Kasper Hjulmand’s side found a way to win without Christian Eriksen. They allied energy with quality initially, and then demonstrated resolve and resilience. The playmaker was their resident set-piece specialist. Instead, Jens Stryger Larsen’s corner brought Thomas Delaney’s opener. The midfielder became Denmark’s seventh scorer of the tournament. It is proof of the way so many have contributed to their success.

Kasper Dolberg, who was limited to one substitute appearance in the group, has emerged as one of the stars of the knockout stages and his volleyed second meant the Czechs had conceded as many goals before the break as they had in their four previous matches. Patrik Schick then drew level with Cristiano Ronaldo as the tournament’s top scorer, but emulated him by being eliminated.

Hjulmand has shown a sure touch in his decision-making and his pre-match decisions were soon justified.

Yussuf Poulsen and Daniel Wass were fit again but began on the bench. The men who had come in against Wales and who retained their places, in Dolberg and Stryger Larsen, set about proving their manager right.

The wing-back Stryger Larsen took an incorrectly awarded fifth-minute corner and Delaney rose unmarked to head it in. The Czech Republic had used their height to scored two goals from set-pieces already in the tournament, but this was a taste of their own medicine. The same combination could have produced a second goal, Delaney miscuing a half-volley from Stryger Larsen’s cross.

Instead, Dolberg doubled the lead. His close-range finish was emphatic, though still not as impressive as Joakim Maehle’s cross, whipped in with the outside of his right foot. The Atalanta man has seemed to be in an unofficial competition with Leonardo Spinazzola for the title of the tournament’s left-back and, with his rival injured, this was an eloquent way of advancing his case.

There were other examples of Denmark’s ability to break at pace. They had a threat on the counter-attack, especially through Mikkel Damsgaard. The prodigy had two chances to mark his 21st birthday with a goal. When he latched on to Pierre-Emile Hojbjerg’s long ball and poked a shot past Tomas Vaclik, a tame effort was cleared off the line. Later, Vaclik saved a fiercer shot.

The Czechs were muted initially; their best chance of the first half stemmed from a poor kick by Kasper Schmeichel, though the goalkeeper atoned by blocking from Tomas Holes, while Tomas Soucek headed a corner wide.

But Jaroslav Silhavy also ranks among the tournament’s outstanding managers and he exerted an impact to fashion a comeback. A half-time double change made a difference. Jakub Jankto had an influence while Michael Krmencik was still more of a catalyst. Within a minute of his introduction, he drew a save from Schmeichel. It prompted others to show a similar intent. Four shots in as many minutes culminated in Schick’s fifth goal of the tournament, volleyed in from Vladimir Coufal’s cross.

Denmark’s dominance had given way to a struggle but Hjulmand restored a measure control by beefing up his midfield with Christian Norgaard and going from 3-4-3 to 3-5-2. Poulsen came on to add a presence in attack. He came close twice and set up Maehle when he was denied by the excellent Vaclik but a third goal was not necessary. When Schick went off, holding his hamstring, it was a sign his side were checking out.

WISH
%3Cp%3E%3Cstrong%3EDirectors%3A%3C%2Fstrong%3E%20Chris%20Buck%2C%20Fawn%20Veerasunthorn%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Ariana%20DeBose%2C%20Chris%20Pine%2C%20Alan%20Tudyk%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203.5%2F5%3C%2Fp%3E%0A
The candidates

Dr Ayham Ammora, scientist and business executive

Ali Azeem, business leader

Tony Booth, professor of education

Lord Browne, former BP chief executive

Dr Mohamed El-Erian, economist

Professor Wyn Evans, astrophysicist

Dr Mark Mann, scientist

Gina MIller, anti-Brexit campaigner

Lord Smith, former Cabinet minister

Sandi Toksvig, broadcaster

 

UAE currency: the story behind the money in your pockets
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EKinetic%207%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202018%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Rick%20Parish%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Abu%20Dhabi%2C%20UAE%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Clean%20cooking%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%2410%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Self-funded%3C%2Fp%3E%0A
Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Sweet%20Tooth
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JAPAN SQUAD

Goalkeepers: Masaaki Higashiguchi, Shuichi Gonda, Daniel Schmidt
Defenders: Yuto Nagatomo, Tomoaki Makino, Maya Yoshida, Sho Sasaki, Hiroki Sakai, Sei Muroya, Genta Miura, Takehiro Tomiyasu
Midfielders: Toshihiro Aoyama, Genki Haraguchi, Gaku Shibasaki, Wataru Endo, Junya Ito, Shoya Nakajima, Takumi Minamino, Hidemasa Morita, Ritsu Doan
Forwards: Yuya Osako, Takuma Asano, Koya Kitagawa

In-demand jobs and monthly salaries
  • Technology expert in robotics and automation: Dh20,000 to Dh40,000 
  • Energy engineer: Dh25,000 to Dh30,000 
  • Production engineer: Dh30,000 to Dh40,000 
  • Data-driven supply chain management professional: Dh30,000 to Dh50,000 
  • HR leader: Dh40,000 to Dh60,000 
  • Engineering leader: Dh30,000 to Dh55,000 
  • Project manager: Dh55,000 to Dh65,000 
  • Senior reservoir engineer: Dh40,000 to Dh55,000 
  • Senior drilling engineer: Dh38,000 to Dh46,000 
  • Senior process engineer: Dh28,000 to Dh38,000 
  • Senior maintenance engineer: Dh22,000 to Dh34,000 
  • Field engineer: Dh6,500 to Dh7,500
  • Field supervisor: Dh9,000 to Dh12,000
  • Field operator: Dh5,000 to Dh7,000
The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet
COMPANY%20PROFILE
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Afro%20salons
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Men from Barca's class of 99

Crystal Palace - Frank de Boer

Everton - Ronald Koeman

Manchester City - Pep Guardiola

Manchester United - Jose Mourinho

Southampton - Mauricio Pellegrino

Company Profile

Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million

Young women have more “financial grit”, but fall behind on investing

In an October survey of young adults aged 16 to 25, Charles Schwab found young women are more driven to reach financial independence than young men (67 per cent versus. 58 per cent). They are more likely to take on extra work to make ends meet and see more value than men in creating a plan to achieve their financial goals. Yet, despite all these good ‘first’ measures, they are investing and saving less than young men – falling early into the financial gender gap.

While the women surveyed report spending 36 per cent less than men, they have far less savings than men ($1,267 versus $2,000) – a nearly 60 per cent difference.

In addition, twice as many young men as women say they would invest spare cash, and almost twice as many young men as women report having investment accounts (though most young adults do not invest at all). 

“Despite their good intentions, young women start to fall behind their male counterparts in savings and investing early on in life,” said Carrie Schwab-Pomerantz, senior vice president, Charles Schwab. “They start off showing a strong financial planning mindset, but there is still room for further education when it comes to managing their day-to-day finances.”

Ms Schwab-Pomerantz says parents should be conveying the same messages to boys and girls about money, but should tailor those conversations based on the individual and gender.

"Our study shows that while boys are spending more than girls, they also are saving more. Have open and honest conversations with your daughters about the wage and savings gap," she said. "Teach kids about the importance of investing – especially girls, who as we see in this study, aren’t investing as much. Part of being financially prepared is learning to make the most of your money, and that means investing early and consistently."

UAE currency: the story behind the money in your pockets
Third Test

Result: India won by 203 runs

Series: England lead five-match series 2-1

Gulf Men's League final

Dubai Hurricanes 24-12 Abu Dhabi Harlequins

Updated: July 03, 2021, 6:18 PM